Sec. 2. Prohibiting use of campaign funds for payments to vendors owned or controlled by candidate
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/bill/114/hr/5884/ih/section-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 313(b) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30114(b) ) is amended by adding at the end the following new paragraph: For purposes of paragraph (1), a contribution to an authorized committee of a candidate shall be considered to be converted to the personal use of the candidate if the contribution is used to make a payment to a vendor which is owned or controlled by the candidate. For purposes of subparagraph (A), a vendor shall be considered to be owned or controlled by a candidate if the candidate— is a member of the board of directors or similar governing body of the vendor; or directly or indirectly owns or controls 51 percent or more of the voting shares of the vendor. .
The amendment made by subsection
(a)shall apply with respect to payments made on or after the date of the enactment of this Act.
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Sec. 2
Prohibiting use of campaign funds for payments to vendors owned or controlled by candidate
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